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A Question on $TWX

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7Figures
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A Question on $TWX  Reply with quote  

Just a quick question after the release of $TWX (Time Warner) reports many people decided to sell quickly due to time warner losing many of its subscribers. The stock went down to about $56 a share. I saw this as a great opportunity to buy in so I did.Bought myself 100 shares for about a lil above $5600, it is now at $75.45 I knew it would rise due to the insane hype off the superman vs batman movie and I was right. Just wondering if anyone thinks I should cash out. How do I know if it has peaked. If anyone owns or keeps track of TWX any advice would be helpful.
Post Fri Apr 22, 2016 12:16 pm
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littleroc02us
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sorry, wish I could help, but I don't try and time the market.

Risk comes from not knowing what you're doing. (Warren Buffet)
Post Fri Apr 22, 2016 3:58 pm
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7Figures
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quote:
Originally posted by littleroc02us
sorry, wish I could help, but I don't try and time the market.



Then you should've never wrote anything at all. Mad
Post Fri Apr 22, 2016 6:00 pm
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littleroc02us
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quote:
Originally posted by 7Figures
quote:
Originally posted by littleroc02us
sorry, wish I could help, but I don't try and time the market.



Then you should've never wrote anything at all. Mad


FYI, forums involve opinions from all different viewpoints, so please let me expand on my original comment. I personally don't believe based on statistics that investing in single stocks and timing the market works to grow your portfolio. Research has shown that only 15% of professional investors can beat the S&P 500 and it's never the same 15%. So based on that fact trying to time the market is a very risky proposition. The S&P 500 has average almost 11% historically. In 2000 Apple stock was in the tanks @ $7.00 a share. These days it's well over 400 a share. Now if I thought Apple could grow from here on out, it could dip very low any numbers of factors. Plus if ya think about it that's a terrible investment if I could have bought the same stock at $7.00 a share. Therefore I invest long term and with index stocks.

If I were you I'd sell and be glad you made some money. Next turn around and invest that money in the S&P 500 in a vanguard Roth IRA and let it sit for 30 years. Use a compound interest calculator to figure out what that amount invested at a return of 11% would be.

Risk comes from not knowing what you're doing. (Warren Buffet)
Post Fri Apr 22, 2016 6:24 pm
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littleroc02us
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I just did the math. If you took your 100 shares and sold them $75.45, you'd have $7545. If you took that amount and left in a vanguard index fund for 30 years at the historical average return you'd have 172k. Not bad.

Risk comes from not knowing what you're doing. (Warren Buffet)
Post Fri Apr 22, 2016 6:29 pm
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7Figures
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quote:
Originally posted by littleroc02us
quote:
Originally posted by 7Figures
quote:
Originally posted by littleroc02us
sorry, wish I could help, but I don't try and time the market.



Then you should've never wrote anything at all. Mad


FYI, forums involve opinions from all different viewpoints, so please let me expand on my original comment. I personally don't believe based on statistics that investing in single stocks and timing .


Now thats what I wanted a nice full answer or opinion not just "sorry can't help" and thanks for the advice I have steady money going into a Roth IRA which I just started to do so Im 25 btw. Yea I might just cash out but this $5600 that I started with was just a separate dip and dab account I set aside to play with the market and make a few riskier decisions. Thank you for your advice I really appreciate it.
Post Fri Apr 22, 2016 6:34 pm
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littleroc02us
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Thanks for calling me out on that, I gave a very condensed response without the info. Smile

Risk comes from not knowing what you're doing. (Warren Buffet)
Post Fri Apr 22, 2016 7:18 pm
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oldguy
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quote:
If I were you I'd sell and be glad you made some money. Next turn around and invest that money in the S&P 500 in a vanguard Roth IRA and let it sit for 30 years. Use a compound interest calculator to figure out what that amount invested at a return of 11% would be.


What littleroc said!!

We've all had a home run experience when we were young - but the wealthy ones understood that it was good luck, not good stock picking.

BTW, it is enlightening to finally grasp that the market cannot be timed/predicted - that leaves you free to simply invest & make money w/o the burden of stock picking.
OTOH, if you insist on taking an occasional flyer, forget individual stocks, do something fun such as grain futures (corn is a personal favorite, lol)
Post Fri Apr 22, 2016 11:38 pm
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